US midday market brief: S&P 500 rises 0.7% as jobs data lifts sentiment
The S&P 500 climbed 0.7% to a fresh intraday record high on Friday, following the release of December’s employment report, which showed a
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Evening digest: US job numbers, Iran unrest, OpenAI-SoftBank back AI push
US job growth stalled in December, underscoring a labor market losing momentum, while geopolitical and policy uncertainty weighed on global sentiment. Iran’s Supreme
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This $1B OpenAI–SoftBank bet reveals what AI can’t function without
OpenAI and SoftBank announced a joint $1 billion investment in SB Energy on Friday to build and operate a 1.2-gigawatt data centre in
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Kansas crop woes fuel wheat rally ahead of USDA winter acreage estimate
Wheat kicked off the new year with a price surge, as the most actively traded futures contract on the CBOT climbed to 522
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What to expect from US big banks as they report earnings next week?
US big banks are set to kick off earnings season next week, and experts are bracing for solid results. According to Ken Leon,
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India’s economy looks strong with low inflation—but do people feel it
India heads into 2026 with headline indicators that would be the envy of many major economies. Growth is strong, inflation is subdued, and
Business
Tesla stock outlook dims as analysts trim growth expectations
Tesla stock (NASDAQ: TSLA) remained in the flat territory Tuesday as Wall Street analysts moved to the sidelines, trimming growth forecasts ahead of
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Elon Musk’s xAI buys third data center to expand its supercomputer clusture
xAI is moving to scale up its artificial intelligence infrastructure in the southern US, buying a data centre footprint anchored in Memphis. The
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Starlink offers free internet in Venezuela after US airstrikes and Maduro arrest
Elon Musk’s satellite internet service Starlink has begun offering free broadband access to users in Venezuela through Feb. 3, as the country deals
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Tesla stock surges over 4% today: why TSLA is soaring past expectations
Tesla stock (NASDAQ: TSLA) jumped over 4% on Monday as investors brushed aside soft delivery figures and focused instead on the company’s record